Singapore Share Market Update : China Minzhong receives joint privatisation offer from largest shareholder and CEO .

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SINGAPORE (Sept 7): China Minzhong Food Corporation (CMFC) has gotten a joint offer for sake its biggest shareholder and CEO to get the vegetable handling organization with the expectation of privatizing and delisting the organization.

Radiant Glory Holdings, a unique reason vehicle for the offer, is securing every one of the shares it doesn’t possess for $1.20 in real money each or 76.65 pennies in addition to 43.35 pennies in foremost measure of zero coupon compulsorily interchangeable securities to be issued by the offeror.

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